CARBON PORTFOLIO - PERU 2010

Energy, Industry and Others

CHANCAY I Hydroelectric Power Plant H7

Description: Is a new hydropower project connected to the grid with an installed capacity and projected yearly average generation of 20 MW and
114 GWh, respectively. It will be located in the department of Cajamarca.

Current Status: Projects Benefits:

Earliest project start date: 2011. Number of direct and indirect jobs generated:
Operation start date: 2014. It will generate around 300 to 400 local jobs and more economic activi-
Project lifetime: 40 years. ty in surrounding towns, plus 50 jobs for maintenance work.
Current Status: Basic investigation studies and preliminary study in •Sustainable development contribution:
process. Water permits documents in process. Environmental studies It increases possibilities for rural electrification around the project site.
will begin after completion basic investigation. Governmental permit It introduces a new energy generation source with more reliability and
(authorization) documents in process. quality to the current distribution electric system.
It improves the area infrastructure such as access roads, irrigations
Estimated Annual Emission Reductions (tCO2/year): channels and bridges.
An average of 64,897 tCO2-equivalent per year. CER´s negotiation:
Open
Project Participant and Financing
Total project cost: US$ 36,400,000
Contact Information:
Name: Richard Rosas
Sources of finance to be sought or already identified: Company: Duke Energy Egenor S. en C. por A. (EGENOR)
Equity: NA. Title: Senior Business Development Engineer
Debt: NA. Phone: (51-1) 6154600
E-mail: rjrosas@duke-energy.com

LA VIRGEN Hydropower Plant H8

Description: Is a new hydropower project connected to the grid with 64 MW of installed capacity and will produce an average generation of 386.8
GWh. The project will be located in the department of Junin, province of Chanchamayo.

Current Status: Projects Benefits:

Earliest project start date: 2009. Number of direct and indirect jobs generated:
Operation start date: 2011. The project would create 3,000 new jobs for the construction phase
Project lifetime: 40 years. and 15 permanent jobs for the operation of the project.
Current Status: The environmental and archaeological impact studies Sustainable development contribution:
have been approved. Water concession was given by the Ministry of It will produce cheap energy with low environmental impact.
Agriculture. Energy generation concession given by Ministry of Energy It would allow rural communities, improving their economic and pro-
and Mines. Letter of DNA approval was obtained. duction activities.
It would contribute to the economic growth of the country.
Estimated Annual Emission Reductions (tCO2/year):
An average of 220,194 tCO2-equivalent per year. CER´s negotiation:
Open
Project Participant and Financing
Total project cost: US$ 75,367,673
Contact Information:
Name: Fernando Arias
Sources of finance to be sought or already identified: Company: Peruana de Energía S.A (PERENE)
Equity: 70% Title: President
Debt: 30% Phone: (51-1) 3450442
E-mail: farias@perenesa.com.pe

www.fonamperu.org

National Environmental Fund - Peru